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Feb 10, 2013
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we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get closer to the date there is more and more anxiety, understandably. they are trying to provide notice to employees about things that can be expected, but the problem is it affect each agency differently, so there is not one rule of thumb that will apply to every federal agency. part of the impact will depend on the extent to which employees make up most of the budget, as opposed to agencies that have more of a procurement budget or their budget is contracted out. i should emphasize that while it will hit federal employees and that is not good for anyone, that will hurt -- it will hurt around the country. let's ta
we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get...
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Feb 11, 2013
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[applause] if you look at what is happening here, it is true that the deficit are going to be below $1 trillion for the first time in several years. and it is true that the new revenues raised in spending that you did not do. it is true that the economy is beginning to grow again. but this is almost like the reverse of what we did in 1993. that is, i was prickly well aware if we raise taxes and cut spending, it could have a dragging effect in the economy. but not nearly as much as spending 40% of the budget paying interest on the debt. not nearly as much as having low growth. at nearly as much as having interest rates that were too high. so our gamble was that the explosive the fact of lowering interest rates, with a booming bond market and having more disposable income over a 5 =-10 year period would more than offset putting the hammer down by raising more money and cutting spending. it turned out to be a good gamble, but it made sense. it will make sense here again. but timing is everything. and so, i think he should have a budget that does not defy our arithmetic but also, and doesn
[applause] if you look at what is happening here, it is true that the deficit are going to be below $1 trillion for the first time in several years. and it is true that the new revenues raised in spending that you did not do. it is true that the economy is beginning to grow again. but this is almost like the reverse of what we did in 1993. that is, i was prickly well aware if we raise taxes and cut spending, it could have a dragging effect in the economy. but not nearly as much as spending 40%...
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Feb 7, 2013
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some of that can be used for deficit reduction. would be a lot more appealing than other taxes or cuts in entitlements, those are very difficult measures. >> a cost to carbon, and the one of those proposals, do you think that happens during the second term of the obama administration? >> i hope it will. it is a long shot because of the opposition from some republicans. a secretary, secretary schulz, a secretary of state and economic adviser under nixon and reagan, he supported the idea of a tax. a lot of republicans said, let's tax carbon and use the tax money to reduce other taxes, like corporate taxes. let's do something to move the incentives away from adding more greenhouse gases into the atmosphere. >> a democratic caller. >> good morning, c-span. the morning. that last caller, i am thankful for guys like you. i am appreciative. unfortunately, the message we are trying to get across is that global warming, how it affects the jet streams and the weather and how that intern causes climate change. the knuckle draggers you were ju
some of that can be used for deficit reduction. would be a lot more appealing than other taxes or cuts in entitlements, those are very difficult measures. >> a cost to carbon, and the one of those proposals, do you think that happens during the second term of the obama administration? >> i hope it will. it is a long shot because of the opposition from some republicans. a secretary, secretary schulz, a secretary of state and economic adviser under nixon and reagan, he supported the...
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Feb 4, 2013
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if we are not out of the deficit that we lost. in terms of the system being skewed, if we are continually supporting a system where jobs go to the already employed and we are really not doing anything to foster the economic recovery that is going to benefit everyone in society, none of these laws and nothing that the national employment law project is advocating for says you have to fill open jobs with unemployed people. what we are saying is that qualified unemployed people should be allowed to compete on terms that are fair. that is good for all of us in an economic recovery. host: baltimore, md., just retired, go ahead. caller: i would like to say one thing before i say my question. i love c-span and i always want to make it through on a phone call and i am glad that i made it through. that being said, and by the way -- go ravens, we won the super bowl. my question is this. i live in baltimore city. the unemployment rate in baltimore city is unbelievable. the problem that you have is that not only are so many people unemployed,
if we are not out of the deficit that we lost. in terms of the system being skewed, if we are continually supporting a system where jobs go to the already employed and we are really not doing anything to foster the economic recovery that is going to benefit everyone in society, none of these laws and nothing that the national employment law project is advocating for says you have to fill open jobs with unemployed people. what we are saying is that qualified unemployed people should be allowed...
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that is how we will reduce our deficit. that is america built to last. [laughter] -- [applause] i recognize that people watching tonight have differing views about taxes and debt and energy and health care. no matter what party they belong to, i bet most americans are thinking the same thing right about now -- nothing will get done in washington this year. or next year. or the year after that, because washington is broken. can you blame them for feeling all little bit cynical? the greatest blow to our confidence in our economy last year did not come from event beyond our control. it came from a debate in washington over whether the united states would pay its bills or not. who benefited from that fiasco? i talked tonight about the deficit of trust between main street and wall street. but the divide between the city and the rest of the country is at least as bad, and it seems to get worse every year. host: from january of last -- of last year, the president in his state of the union address. some of the same themes it will continue this week. -- will cont
that is how we will reduce our deficit. that is america built to last. [laughter] -- [applause] i recognize that people watching tonight have differing views about taxes and debt and energy and health care. no matter what party they belong to, i bet most americans are thinking the same thing right about now -- nothing will get done in washington this year. or next year. or the year after that, because washington is broken. can you blame them for feeling all little bit cynical? the greatest blow...
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Feb 5, 2013
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we need to reduce our deficit and begin paying down our debt. but irresponsible across-the-board sequestration cuts are not the way to do it. i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from michigan seek recognition? without objection, the gentleman is recognized for one minute. >> mr. speaker, america's manufacturing sector has played an invaluable role over the last century in propelling our economy and creating a strong and vibrant middle class. manufacturing continues to be a bright spot in our economic recovery. since 2010, the u.s. has added over a half a million manufacturing jobs. mr. kildee: that's progress. but in a time where millions of americans continue to struggle, we can and must do more. congress should be working every day to rebuild our economy and create good-paying jobs right here in america not overseas. that's why i support the make it in america agenda, which will strengthen manufacturing and rebuild our infrastructure. it will also m
we need to reduce our deficit and begin paying down our debt. but irresponsible across-the-board sequestration cuts are not the way to do it. i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from michigan seek recognition? without objection, the gentleman is recognized for one minute. >> mr. speaker, america's manufacturing sector has played an invaluable role over the last century in propelling our economy...
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Feb 6, 2013
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the w he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is rognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legislatio
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the w he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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it is easy for the public to focus on the debt and deficit and what is going on in washington. there is still some growth out there. the housing sector is coming back. the auto sector is coming back. those are positives that get completely put back to the forefront when everyone is talking about the debt. host: tom, elkhart, indiana. on our democrat line. caller: elkhart is the recreational vehicle capital. we went down on that in 2007 when the oil prices went up. we are manufacturing housing. we are the musical manufacturing capital. for band and treatments and such. they are made here anymore. are headquartered here, but the work is not here. i do not see how this works. host: were you at the president 's speech in 2009? what did you think when the president came to town? caller: it was helpful. he is doing what he can. he has faced a lot of resistance. it is postindustrial. i am working in michigan four eight federally subsidized wheelchair van. mostly my passengers are senior citizens and disabled people. the 47% that romney talked about. host: we will move on to charles, a
it is easy for the public to focus on the debt and deficit and what is going on in washington. there is still some growth out there. the housing sector is coming back. the auto sector is coming back. those are positives that get completely put back to the forefront when everyone is talking about the debt. host: tom, elkhart, indiana. on our democrat line. caller: elkhart is the recreational vehicle capital. we went down on that in 2007 when the oil prices went up. we are manufacturing housing....
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this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talk about the war on women, yet you have this mr. menendez who flies to a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do not seem to be able to get your message across. i know you are frustrated. it is not a spending problem. of course it is a spending problem. we never have budgets like this, throwing money at all times of all kinds of different programs. how many more democrats talk about, i did not cheat on my wife, i only did it when her cancer was in remission. guest: the caller has raised a number of different points. one point, the overarching theme of his call was the frustration he has of republicans getting the message out. i do appreciate c-span allowing
this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talk about the war on women, yet you have this mr. menendez who flies to a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do...
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this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talkbout the war on women, yet you have this mr. menendez who flieso a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do not seem to be able to get your message across. i know you are frustrated. it is not a spending problem. of course it is a spending problem. we never have budgets like this, throwing money at all times of all kinds of different programs. how many more democrats talk about, i did not cheat on my wife, i only did it when her cancer was in remission. guest: the caller has raised a number of different points. one point, the overarching theme of his call was the frustration he has of republicans getting the message out. i do appreciate c-span allowing us
this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talkbout the war on women, yet you have this mr. menendez who flieso a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do not...
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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year per taxpayer to cover our existing deficit. the total tab for the past four years of $1 trillion each year would be about $27,500 a year. back in the sixth district of indiana where i come from, that is a lot of money. i think we it owe it to the taxpayers know what we're doing here in washington. i yield -- i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. for what purpose does the gentleman from maryland seek recognition? mr. van hollen: thank you, madam chairman. i ask unanimous consent to claim time in opposition even though i am not. the chair: the gentleman is recognized. mr. van hollen: thank you, madam chairman. i think it's very useful to let everybody in the country know exactly what the debt and deficit will be on a per capita basis. we in congress can of course do the math. i think it's no problem asking the president to run that calculation as well. again, i want to emphasize the fact there is agreement on reducing the deficit. the real differences here are over how we do
year per taxpayer to cover our existing deficit. the total tab for the past four years of $1 trillion each year would be about $27,500 a year. back in the sixth district of indiana where i come from, that is a lot of money. i think we it owe it to the taxpayers know what we're doing here in washington. i yield -- i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. for what purpose does the gentleman from maryland seek recognition? mr. van hollen: thank...
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Feb 7, 2013
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we believe there's a better way to lower the deficit. but americans do not support sacrificing real spending cuts for more tax hikes. the president's sequester should be replaced with spending cuts reforms that put us on a path that would balance the budget over next 10 years. the american people believe that the tax question have -- tax question has been settled. they know the president called for a balanced approach to the debt, a combination of revenues and spending cuts. and they know that he has done his revenue. the american people do not believe -- he has gotten his revenue. the american people do not believe that he will not get more revenue to lower the debt. the president does not believe we have a spending problem care he genuinely believes the government's spending causes economic growth. if that weren't true, the economy would be thriving. small businesses are struggling. middle-class families, those that are lucky enough to have a job, are living paycheck to paycheck. and president obama just insisted on raising their taxes
we believe there's a better way to lower the deficit. but americans do not support sacrificing real spending cuts for more tax hikes. the president's sequester should be replaced with spending cuts reforms that put us on a path that would balance the budget over next 10 years. the american people believe that the tax question have -- tax question has been settled. they know the president called for a balanced approach to the debt, a combination of revenues and spending cuts. and they know that...
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Feb 12, 2013
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so what's happened to the deficit, the annual deficit? 2008 deficit was $458 billion. too much money. yes. but $458 billion. deficit in 2013, 2012, $1.3 trillion. so what's the problem? ladies and gentlemen, i would suggest to you we have a spending debt crisis, not a revenue debt crisis. and you've got to make the right diagnosis. to put it in a little greater context. we spend about $3.6 trillion as a nation, as a whole each year, $3.6 trillion, about $2.5 trillion, $2.6 trillion is medicare, medicaid, social security and interest on the debt. those four things. the entire federal government, the rest of the entire federal government, everything, everything, post office, roads, transportation, justice, education, energy, defense, everything else is about $1 trillion. you all just heard what the deficit was last year. $1.3 trillion. which means we can do away with the entire federal government with the exception of medicare, medicaid and social security and we wouldn't even balance the budget. that's the magnitude of the challenge that we have. so it's incumbent upon
so what's happened to the deficit, the annual deficit? 2008 deficit was $458 billion. too much money. yes. but $458 billion. deficit in 2013, 2012, $1.3 trillion. so what's the problem? ladies and gentlemen, i would suggest to you we have a spending debt crisis, not a revenue debt crisis. and you've got to make the right diagnosis. to put it in a little greater context. we spend about $3.6 trillion as a nation, as a whole each year, $3.6 trillion, about $2.5 trillion, $2.6 trillion is medicare,...
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Feb 6, 2013
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our deficits are financed by treasury bonds. most of which are being purchased by the fed with newly created money. this drives up the price of bonds and keeps interest rates artificially low, seniors on fixed incomes who have saved their whole lives now cannot make a fair market on their interest for their savings. in addition to squeezing the incomes of our seniors, creating money to fund deficits also drives up prices which has a disproportionate adverse effect on seniors, on the poor, and on middle income families. creating money out of thin air to fund the president's spending must stop. the first step is to stop the reckless spending by having the president present a plan to balance the budget. this is a simple request with no reasonable excuse for opposition. i support h.r. 444, the require plan act, to protect our seniors, the poor, and middle income families. i yield back. the chair: the gentleman yields back. the gentleman from maryland is recognized. mr. van hollen: madam chairman, again we have heard a number of the
our deficits are financed by treasury bonds. most of which are being purchased by the fed with newly created money. this drives up the price of bonds and keeps interest rates artificially low, seniors on fixed incomes who have saved their whole lives now cannot make a fair market on their interest for their savings. in addition to squeezing the incomes of our seniors, creating money to fund deficits also drives up prices which has a disproportionate adverse effect on seniors, on the poor, and...
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this is basically for deficit reduction. the first amount is $85 billion that will go into effect march 1 and everybody has a said the cuts will not be good for the economy. everybody is trying to figure out a way around the but they disagree how to do that. host: "politico" says -- jonathan strong, will the president used the word 'sequester?' guest: according to the preview i saw last week, i don't know if he will use the word sequestration. many of the house republicans who are really anxious to cut federal spending are surprisingly willing to let these cuts happen. one reason is the very first span in battle after republicans took control in april, 2010, they secured about $30 billion in cuts. "the washington post"looked at those cuts in most of them were fake. the sense is that happens every 10 years, they spent $6 billion in 2010 and they will not spend money until 2020 but they counted the $6 billion in 2011 as a spending cut. you add up the totals of those fake cuts and this is why these republicans want these dracon
this is basically for deficit reduction. the first amount is $85 billion that will go into effect march 1 and everybody has a said the cuts will not be good for the economy. everybody is trying to figure out a way around the but they disagree how to do that. host: "politico" says -- jonathan strong, will the president used the word 'sequester?' guest: according to the preview i saw last week, i don't know if he will use the word sequestration. many of the house republicans who are...
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we all want to fix the deficit problem. there's no question. but i think when they have a chance to look at this bill and understand what we're really facing, i don't think we're going to have a problem there. >> sir, how is this different from the proposal of a year ago? >> did we have the pay freeze? [laughter] >> it's different. obviously we had two different versions. the house as i understood it had the attrition of the work force that's in this component. in the senate last time we had a combination of -- instead of for every three positions that came open, only filling one. we had two and a combination of overall pay freeze across the federal government, for over a year. this is different. it combines both so we're on the same page. and we have the house proposal on the attrition and we've also added congressional pay freeze on it instead of the entire civilian work force. >> what makes you think that this time around, that speaker boehner's going to take up this proposal? >> i >> i would defer to others here and the chairman but there's
we all want to fix the deficit problem. there's no question. but i think when they have a chance to look at this bill and understand what we're really facing, i don't think we're going to have a problem there. >> sir, how is this different from the proposal of a year ago? >> did we have the pay freeze? [laughter] >> it's different. obviously we had two different versions. the house as i understood it had the attrition of the work force that's in this component. in the senate...
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we absolutely must deal with the budget deficit. but this massive indiscriminate-type approach is counterproductive. such cuts will dampen growth and thereby reduce tax revenue. such cuts definitely are not dealing with the deficit over a long term. with less than three weeks away from having these massive cuts, i'm here to join others in urging that president obama, congressional leaders come together for the sake of america's people and end this sequestration. together, we before you are united in our efforts to ensure that america maintains its place in innovation and research. thank you all for being here. >> good morning, everyone. i am hunter rawlings, representing the aau. as peter said, he and i are representing the task force on american innovation, and you have a letter in your packet from the task force that i hope you will take a good look at. the sequester is the most unpopular thing in washington, d.c., since the dallas cowboys. it is mindless and will cause great harm . the president hates it. speaker boehner hates it
we absolutely must deal with the budget deficit. but this massive indiscriminate-type approach is counterproductive. such cuts will dampen growth and thereby reduce tax revenue. such cuts definitely are not dealing with the deficit over a long term. with less than three weeks away from having these massive cuts, i'm here to join others in urging that president obama, congressional leaders come together for the sake of america's people and end this sequestration. together, we before you are...
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the deficit is a big problem. think about it. our national debt, $16.5 trillion. you think that is not a lot of money? count one number per second -- one number per second. how long will it take you to count to 16 trillion? 500-7000 years. -- 500-7000 -- 5700 years. here is a parable -- a family lands on hard times. the father comes to the five children and says, we will have to reduce your allowance. they are not happy about it, but he says, except for johnny and susan, they are special. they get to keep their allowance. in fact, we might give them more. how do you think that will go down? not too well. same thing happens. what about our taxation system? so complex, there is no one who can possibly comply with every tax issue. if i want to get you, i can get you on a tax issue. that does not make any sense. what we need to do is come up with something that is simple. when i pick up my bible, you know what i see? i see the fairest individual in the universe, god, giving us a system. called tight. we do not necessarily have to do it at 10%, but the principle. he di
the deficit is a big problem. think about it. our national debt, $16.5 trillion. you think that is not a lot of money? count one number per second -- one number per second. how long will it take you to count to 16 trillion? 500-7000 years. -- 500-7000 -- 5700 years. here is a parable -- a family lands on hard times. the father comes to the five children and says, we will have to reduce your allowance. they are not happy about it, but he says, except for johnny and susan, they are special. they...
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our deficit now is 1.5 trillion dollars. it's three times the amount. if we don't start cutting now and worrying about our country, we will not have a debate anymore, we will not have a country left. all these geniuses. let's start cutting fraud of all these illegals collecting all fair and food stamps in my state. let's start cutting that. there are many things we can cut. but nobody wants to do anything. we're going to go down with the ship. host: on twiter -- we already have read these. i apologize. if you would like to continue the conversation on sequestration, you can go to our facebook page. there is a lively conversation going on. that will continue throughout the day. a couple more articles before we get to some of our gas segments. obama chooses and environmentalists executive for the interior. there's a picture of president obama and sally jewell, nominated to be secretary of the interior. here's the front page of the state newspaper out of columbia, south carolina. it says that james cliburn would make a great transportation secretary. the b
our deficit now is 1.5 trillion dollars. it's three times the amount. if we don't start cutting now and worrying about our country, we will not have a debate anymore, we will not have a country left. all these geniuses. let's start cutting fraud of all these illegals collecting all fair and food stamps in my state. let's start cutting that. there are many things we can cut. but nobody wants to do anything. we're going to go down with the ship. host: on twiter -- we already have read these. i...
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slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a meeting in september of home.t mark warner's alan greenspan was there. do aid, why don't you something big on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he was not known for hyperbole. it struck me that the former chair of the federal reserve was saying you're facing an impending crisis and you are going to need to deal with it. are you going to deal with it before it hits or after? the answer is -- i want to deal with the problem before it becomes a crisis. we need to build trust necessary to find the solution
slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a...
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Feb 8, 2013
02/13
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you go from the fiscal cliff to the deficit debate to sequestration. that is inherently disruptive to business investment. certainty is a good multiplier. we are these long cycle businesses that have global competition. i do not have the lecture he to say that i will quit investing for six months until this is reserved. -- resolved. i will keep going. the people who can hurt the worst by all of this are the small and medium businesses. the people that have no buffer. that get confused. these are the people that are the heart of the u.s. economy. they are the ones that are constantly being bombarded as we go from one to another. this can only be solved here. this is one of the few cases where the business roundtable of people speak with one voice. it would be great to get a resolution. >> there is a divide in the corporate side on the corporate tax front. large companies would benefit more from corporate tax reform, especially going to a territorial system, then smaller formirirms. it may be hard to convince americans that the president and congress sho
you go from the fiscal cliff to the deficit debate to sequestration. that is inherently disruptive to business investment. certainty is a good multiplier. we are these long cycle businesses that have global competition. i do not have the lecture he to say that i will quit investing for six months until this is reserved. -- resolved. i will keep going. the people who can hurt the worst by all of this are the small and medium businesses. the people that have no buffer. that get confused. these...
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Feb 12, 2013
02/13
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properly, part of that vision will include the need to solve our deficit challenge and address the looming sequester. that dangerous set of automatic indiscriminant spending cuts that are due to take effect in just under three weeks. but instead of working with democrats to avert the sequester through a big and balanced solution or frankly even a short-term balanced proposal, a growing number of house republicans are instead engaged in a dangerous blame game. majority leader cantor joined in that this weekend claiming that the president is the one who proposed the sequester in the first place. what he didn't say was, of course, the republicans offered a piece of legislation called cut, cap and balance. the sequester was an integral part of their policy proposal. in fact, the sequester was part of a bipartisan agreement instigated by republicans, which we supported. let us not forget, mr. speaker, that it was republican hostage taking, the debt limit, in the 2011 that brought about the budget control act which created the sequester. speaker boehner himself after the deal creating the squers
properly, part of that vision will include the need to solve our deficit challenge and address the looming sequester. that dangerous set of automatic indiscriminant spending cuts that are due to take effect in just under three weeks. but instead of working with democrats to avert the sequester through a big and balanced solution or frankly even a short-term balanced proposal, a growing number of house republicans are instead engaged in a dangerous blame game. majority leader cantor joined in...
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Feb 4, 2013
02/13
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the problem and the sooner we solve our spending problem, the >> if the budget fails to alleviate the deficit, he will submit plans for how balanced budget ultimately is reached. today, the house returns for debate at 5:00 eastern on c- span. center rakowski called for expanded oil and gas drilling. she is a top republican on the senate energy committee. she wants to use some of the money for clean energy. how >> i am the only one up here and i don't have any charts, but i have a buck. the book you have all been waiting for, we have been talking about it for a year now. thank you for the opportunity to talk a little bit about what we have been doing on the energy committee on the republican side for the past year. it is an effort to focus on energy policy and move forward in no way that is not the same old same old, but really real imagining and refocusing where we could be. it has been an important opportunity for us to really put some considered thought into this proposal. what you have in front of you is better than airplane reading. there are concrete proposals and them. there are results
the problem and the sooner we solve our spending problem, the >> if the budget fails to alleviate the deficit, he will submit plans for how balanced budget ultimately is reached. today, the house returns for debate at 5:00 eastern on c- span. center rakowski called for expanded oil and gas drilling. she is a top republican on the senate energy committee. she wants to use some of the money for clean energy. how >> i am the only one up here and i don't have any charts, but i have a...